Today we will analyze the stock TELECOM ARGENTINA B 1V (TECO2.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in TELECOM ARGENTINA B 1V (TECO2.BA)
1- Last bullish trend was from 15.10 $ (5/3/2012) to 15.85 $ (5/4/2012) a 0.75 $ move 2- The current bearish trend started from 15.85 $ at 5/4/2012 and is currently trading at 15.40 $.
3- TECO2.BA current support level is at 15.39 which is the 61.80 % fibonacci retracement of the last 0.75 $ move.
4- TECO2.BA current resistance level is at 15.48 which is the 50.00 % fibonacci retracement of the last 0.75 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
TELECOM ARGENTINA B 1V (TECO2.BA) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 15.100 and 16.250,resistance between 15.850 and 17.000, the stock channel is currently supported from below by 14.755 and resisted from above by 15.620.
TELECOM ARGENTINA B 1V (TECO2.BA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 4.000 $ height triangle which was broken down at 18.150, target of the pattern is 14.150.
TELECOM ARGENTINA B 1V (TECO2.BA) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 4.000 $ height triangle which was broken down at 18.150, target of the pattern is 14.150.

Stock Trading Conclusion:
TELECOM ARGENTINA B 1V (TECO2.BA) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 15.48, 15.51, 15.56, 15.57, 15.63, 15.67, 15.68, 15.85, 18.80,.
Stock Support levels : 15.39, 15.10, 14.90, 14.64, 14.15,.